Drawdown calculation different from MetaTrader?

Oct 05 at 05:27
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1 Replies
Member Since Nov 11, 2023   1 posts
Oct 05 at 05:27

Hello,


I noticed that the drawdown displayed for my account on MyFxBook differs from the figure shown to me by MetaTrader. Are different calculations being used here?


The MT5 report for the entire period without open positions tells me:


Balance Drawdown Maximum: 9,459.92 (8.80%)


MyFxBook tells me:


Drawdown: 9.46%

Member Since Oct 27, 2025   3 posts
Oct 28 at 06:38

The difference is due to different calculation methods and is not a data error.If you want it to match MT5 exactly, you can select the Balance Drawdown type in the MyFxBook settings.   

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